Western Australia is a renowned global hub of invention, investment, innovation and impact.
With innovation deeply ingrained in the fabric and culture of the State, Western Australia is a place like no other.
Innovation happens naturally, every day. It is everywhere and is everyone's business.
The Strategy's goal is to inspire a new generation of innovators to solve our challenges and encourage the economy to move in exciting, new directions.
The Strategy sets itself the following 10-year goals to realise this vision. Western Australia will:
To achieve these 5 goals, Government is taking action in 7 priority areas. An 'Innovation Action Plan' details an initial agenda to support the Innovation Strategy. These programs and initiatives will be added to as the need and opportunity arise.
Skills, people and culture
Research and tech transfer
Networks, precincts and shared facilities
Access to capital
Procurement and supply chains
Diversity and inclusion
Promotion and adoption
The Western Australian Government will invest in building additional talent across the State and attracting talent globally.
The Western Australian Government will set out a bold new science and research agenda, fit for the decade ahead, and seek to maximise technology transfer opportunities across the State's growing economy.
The Western Australian Government will accelerate efforts to enable innovation hubs, precincts and shared facilities to strengthen the innovation ecosystem across the State.
The Western Australian Government will encourage the growth of an active local venture capital market for WA innovators and investigate other ways to ensure there is access to sufficient capital.
The Western Australian Government is making procurement easier for WA startups and small businesses to provide access to major industry and Government contracts, and will work with partners to open market access to global supply chains.
The Western Australian Government will grow and foster the diversity and inclusiveness of the Western Australian economy, providing opportunities for greater participation in new and innovative economic activity by under-represented groups.
The Western Australian Government will elevate efforts to promote and celebrate the outstanding scientific, technological and innovative capability of WA internationally and at home, supporting the adoption of new technologies and innovations across businesses and communities.